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Austria

ÖBB to invest €19 billion between 2023 and 2028

Austrian state railway ÖBB is planning to invest around €19 billion in its railway network between 2023 and 2028. The funds from the framework plan were approved by the Austrian Council of Ministers. The funds are to be invested in the expansion and improvement of the railway infrastructure, the modernisation of the stations, the advancement of the electrification of the railway network, the expansion of the European Train Control System (ETCS) as well as in the evaluation, revision and, if necessary, increase of the ÖBB framework plan.